28 July 2014 - 30 July 2014

Kick-off meeting on Agent-based Modeling for Korean Foresight

IIASA hosts a kick-off workshop dedicated to the start of IIASA-STEPI (Science and Technology Policy Institute, Seoul, Korea) joint project on Agent-based Modeling for Korean Strategic Foresight. 

A group of STEPI researchers takes part in discussion of extending the Dream Valley Model prepared by ASA team (Elena Rovenskaya, Leena Ilmola-Sheppard, Nikita Strelkovskii) for modeling Korean foresight. The researchers analyze the features of Korean economy and society and propose the structure and specifications of an agent-based model. They also discuss similarities and differences to the the previous case study for Finland and make a decision to include in the model two additional layers:

(i) comprehensive simulation of the behavior of financial market and related stocks and flows 

(ii) influence of social attitudes, expectations about the future and impact of these expectations to consumer  behavior, as well as corporate and financial sector investment behavior.

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Last edited: 08 October 2014


Elena Rovenskaya

Program Director

Advanced Systems Analysis

T +43(0) 2236 807 608

Leena Ilmola-Sheppard

Senior Research Scholar

Advanced Systems Analysis

T +43(0) 2236 807 614

Nikita Strelkovskii

Research Scholar

Advanced Systems Analysis

T +43(0) 2236 807 653

International Institute for Applied Systems Analysis (IIASA)
Schlossplatz 1, A-2361 Laxenburg, Austria
Phone: (+43 2236) 807 0 Fax:(+43 2236) 71 313